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For sale
  • Listing Provided by: 

    Stephen Takahashi DRE #01944770 310-403-9145,

    Lyon Stahl Investment Real Estate, Inc.,

    John Stiegler II DRE #01981597,

    Lyon Stahl Investment Real Estate, Inc.

    $1,250,000

    1424 Coronado Ave, Long Beach, CA 90804

    6beds
    6baths
    2,592sqft
    : 
    Multi Family
    Built in 1923
    -- sqft lot
    $1,255,500 Zestimate®
    $482/sqft
    $-- HOA

    What's special

    Single-story livingFour garage spacesStrong tenant appealVery good conditionLow maintenance
    We are proud to present 1424 Coronado Avenue, a charming bungalow-style investment opportunity located in the heart of Long Beach. This property features single-story living across all units, each offering a desirable 1-bedroom, 1-bath layout. All units are in very good condition, providing investors with low maintenance and strong tenant appeal. The property includes four garage spaces that were built within the last five years, adding value and functionality. With a current 5.91% CAP rate and the potential to reach a 7.69% market CAP, along with an 11.43 GRM and market potential of 9.26, this asset offers both immediate stability and future upside.
    17 days
    on Zillow
    |
    358
    |
    14
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: 20 hours ago

    Listing Provided by:

    Stephen Takahashi DRE #01944770 310-403-9145,

    Lyon Stahl Investment Real Estate, Inc.,

    John Stiegler II DRE #01981597,

    Lyon Stahl Investment Real Estate, Inc.

    Source: CRMLS,MLS#: SB25166153MLS LogoOriginating MLS: California Regional MLS
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1424 Coronado Ave.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,592
    • Total interior livable area: 2,592 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage
    • Garage spaces: 5
    Features
    • Levels: One
    • Stories: 1
    • Entry location: front
    • Pool features: None
    Lot
    • Size: 6,880 Square Feet
    • Features: Rectangular Lot
    Details
    • Parcel number: 7259007023
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • New construction: No
    • Year built: 1923

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Sidewalks, Urban
    Location
    • Region: Long Beach

    Financial & listing details

    • Price per square foot: $482/sqft
    • Tax assessed value: $1,531,101
    • Annual tax amount: $20,163
    • Date on market: 7/25/2025
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
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